Munich \u2014 Inter\u00adna\u00adtio\u00adnal law firm Clif\u00adford Chance has advi\u00adsed Frulact Servi\u00ad\u00e7os Partil\u00adha\u00addos SA, a port\u00adfo\u00adlio company of private equity inves\u00adtor Ardian, on the acqui\u00adsi\u00adtion of the food prepa\u00adra\u00adtion busi\u00adness of Inter\u00adna\u00adtio\u00adnal Flavors & Fragran\u00adces Inc (IFF).<\/p>\n
The master asset purchase agree\u00adment was concluded in April 2021. The tran\u00adsac\u00adtion is subject to anti\u00adtrust clearance and is expec\u00adted to be comple\u00adted in the third quar\u00adter of 2021.<\/p>\n
Frulact is a leading company for the produc\u00adtion of ingre\u00addi\u00adents for the food and beverage indus\u00adtry. The company specia\u00adli\u00adzes in fruit proces\u00adsing and is head\u00adquar\u00adte\u00adred in Maia, Portu\u00adgal. French private equity inves\u00adtor Ardian had acqui\u00adred a majo\u00adrity stake in Frulact in 2020.<\/p>\n
IFF is a leading manu\u00adfac\u00adtu\u00adrer of flavors, extra\u00adcts and fragran\u00adces for consu\u00admer products based in New York, USA. IFF\u2019s food prepa\u00adra\u00adtion busi\u00adness includes the deve\u00adlo\u00adp\u00adment, produc\u00adtion and distri\u00adbu\u00adtion of fruit and vege\u00adta\u00adble prepa\u00adra\u00adtion products for the food, beverage and pet food indus\u00adtries. As part of the tran\u00adsac\u00adtion, Frulact will acquire the produc\u00adtion sites in Emme\u00adrich (Germany) and Rein\u00adach (Switz\u00ader\u00adland), a site in Dijon (France) and assets and employees in other Euro\u00adpean countries.<\/p>\n
The Clif\u00adford Chance team advi\u00adsing Frulact was led by part\u00adner Frede\u00adrik M\u00fchl (Corporate\/Private Equity, Frankfurt).<\/p>\n
About Clif\u00adford Chance<\/strong> Munich \u2014 Inter\u00adna\u00adtio\u00adnal law firm Clif\u00adford Chance has advi\u00adsed Frulact Servi\u00ad\u00e7os Partil\u00adha\u00addos SA, a port\u00adfo\u00adlio company of private equity inves\u00adtor Ardian, on the acqui\u00adsi\u00adtion of the food prepa\u00adra\u00adtion busi\u00adness of Inter\u00adna\u00adtio\u00adnal Flavors & Fragran\u00adces Inc (IFF). The master asset purchase agree\u00adment was concluded in April 2021. The tran\u00adsac\u00adtion is subject to anti\u00adtrust clearance and is [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37469,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1372],"tags":[],"class_list":["post-43509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant"],"yoast_head":"\n
\nClif\u00adford Chance, one of the worl\u00add\u2019s leading law firms, is present for its clients with around 3,400 legal advi\u00adsors in all major busi\u00adness centers around the world. \u2014 In Germany, Clif\u00adford Chance is repre\u00adsen\u00adted by around 300 lawy\u00aders, audi\u00adtors, tax advi\u00adsors and soli\u00adci\u00adtors in D\u00fcssel\u00addorf, Frank\u00adfurt am Main and Munich.<\/p>\n","protected":false},"excerpt":{"rendered":"